Define your company's policies on how to process accrual activities during the initial implementation of Microsoft Dynamics 365 Business Central. Although this setup is typically a one-time activity, it may be relevant to adjust the setup values as company activities expand or change.
Start by setting up the document number series used with accrual plans. Then set up accrual posting groups, which makes the process of assigning default general ledger posting accounts to accrual plans more efficient. Supporting accrual features such as plan groups and accrual charges also require setup.
Complete most setup activities before you begin processing accruals, but most settings can be changed at a later date.
The following table describes a sequence of activities, with links to the topics that describe them. These activities are listed in the order in which they are generally performed.
To | See |
|---|---|
Set up accrual posting groups to categorise accrual plans for posting purposes. | |
Set up accrual journals, including setting up several journal batches. | |
Create groups of customers, vendors, items, and more that can be assigned to accrual plans so that a plan applies to all group members. | |
Define codes for accrual computation groups to group accrual plans together. | |
Define codes for the different charges associated with accrual plans. |